Morgans AM: Monday, 2 December 2024

Both the Dow and S&P500 set fresh record intra-day and closing highs in an abbreviated ‘Black Friday’ session, logging their best monthly performances of the year - Dow rose +189-points or +0.42% to 44,910.65, notching its 47th record close of the calendar year-to-date. Nvidia Corp rose +2.15% top be the leading Dow component. Walmart Inc rose +0.67% and touched its highest level (US$92.64) since it first began trading on the New York Stock Exchange (NYSE) in August 1972.